Security as a Service (SECaaS): A Next Generation Technology
All about
Security-as-a-Service
Security as a
Service (SECaaS) is a security management outsourcing model. Security as a
Service typically involves applications, such as Internet-based anti-virus
software, but it can also refer to the security management that an external
organization manages in-house. Security as a service (SECaaS) is an Internet
security service management cloud computing model. SECaaS is based on the
Service Software model but is constrained to specialized information security
services.
Why do industries
need Security-as-a-Service?
Personnel shortages are starting to hit critical levels in
the information security field. Small and medium-size companies probably would
not have the money to hire these professionals. IT leaders expect that before
it improves, this problem will get worse. The budgets for technology feel the
strain. Companies need to innovate in order to remain open to competition.
There are very high costs for software maintenance, update, patching, and
installation. Scale platforms and secure data storage on demand are
additionally necessary. All these are cloud-based safety areas, giving
stressful IT departments a relief measure.
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| Global Security as a Service Market (2018-2024) | KBV Research |
Where do we see
Security-as-a-Service?
Web Security
Threats are rising around the world, which sometimes has a
serious impact on system functionality and business operations, due to
expanding the use of the Internet. Internet security solutions are used to
safeguard computer systems and ensure that activities are performed correctly.
The Internet is an unsafe channel for information sharing because it is
subjected to fraud or intrusion, like drugs. Different methods are used for the
data protection and transfer of the data over the Internet, such as data
encryption, firewalls, antivirus, etc.
As more and more people and organizations around the world
connect with the Internet via the World Wide Web, email and VoIP and other
services, the threat of security seems to increase every day. These attacks are
more advanced and continue to evolve with the advancement of technology. The
need to protect such applications against advanced threats, such as ransom
wares, APT and zero-day attacks and malware, as well as unauthorized access, is
a major cause of expanding Web security and e-Mail security in organizations'
use of the cloud based web-based and e-mail applications.
Application Security
Enabling companies to securing their business - sensitive
applications through more visibility, control, and use of existing Application
security solutions and services, such as IAM, Web filters, and Application
Whitelisting, enable the safeguarding of corporate applications and software
codes against external and domestic threats.
Business sensitive applications are one of the main focuses
of attackers, because they contain information about critical assets and
processes followed by a company. Cloud-based security-as-a-service solutions
for applications provide customers with economical and scalable
functionalities, which induce high growth on this marketplace.
Advantages of
leveraging Security-as-a-Service
Environmentally sensitive applications can be secured by
means of more vision, control, and use of existing safety solutions like
identity and access management (IAM), web filtering, and whitelisting, which allow
the security of enterprise applications and software codes, including internal
and external threats.
Security-as-a-service platforms can monitor an entire
employee base along with balancing endpoint management. Results are delivered
to the concerned destination in real time with automatic alerts triggered
whenever unusual activity is recorded. Automatically completing such tasks
allows trained professionals in technology to focus more on efforts that
advance business while protecting much of the industry behind the scenes.
Benchmarking, contextual analysis, and cognitive insights provide employees
with rapid access to questionable items. This permits movement without the need
to work drudgery in the background.
The Bottom Line
The SECaaS industry is driven by increasing cybercrime,
growing sensitive organizational data and increasing mobile device trend. Over
the years, the utilization of cloud technology has significantly increased and
the need for more protective and economic security solutions has been created.
The strict regulations of the government have pushed the market towards a
better-integrated service that meets government regulations.
However, the refusal to share sensitive information,
availability of free security services and hesitation of the organizations'
cloud-based security limit SECaaS adoption. Increasing e-businesses, increasing
awareness of data protection, increasing the trend towards bring your own
device (BYOD) and adopting managed security practices creates enough
opportunities for the technology. In addition, in the near future, global
security as a service market is projected to grow to a CAGR of 16.4%.
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